Ballard Power Systems BLDP
NASDAQ BLDP
$2.36 -0.01 (-0.42%)
As of: Sep 9, 2026 · 3:59 PM EDT

Ballard Power Systems (BLDP) EV to FCF (2009 - 2026)

Ballard Power Systems' (BLDP) quarterly EV to FCF came in at 34.1 in Q2 2026, down 918.57% year-over-year from 4.17 in Q2 2025, and down 18.95% quarter-over-quarter from 28.67 in Q1 2026.

Analysis

Ballard Power Systems (BLDP) EV to FCF (2009 - 2026) Analysis & Trends

Ballard Power Systems (BLDP) has reported EV to FCF for 18 consecutive years, with 34.1 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to FCF fell 918.57% year-over-year to 34.1 in Q2 2026; TTM through Jun 2026 was 20.17, a 14533.73% decrease from a year earlier, with the FY2025 full-year figure at 5.02, down 479.18% from the prior year.
  • EV to FCF was 34.1 for Q2 2026 at Ballard Power Systems, down from 28.67 in the prior quarter.
  • Over five years, EV to FCF peaked at 15.3 in Q4 2025 and troughed at 63.4 in Q1 2022.
  • A 5-year average of 9.57 and a median of 0.01 in 2024 frame the typical range for EV to FCF.
  • Across the five-year window, EV to FCF soared 8590.32% in 2025 and slumped 918.57% in 2026, its largest moves.
  • Over 5 years, EV to FCF stood at 14.31 in 2022, then sank by 96.72% to 0.47 in 2023, then sank by 138.41% to 0.18 in 2024, then soared by 8590.32% to 15.3 in 2025, then slumped by 322.83% to 34.1 in 2026.
  • The last three EV to FCF figures came in at 34.1 (Q2 2026), 28.67 (Q1 2026), and 15.3 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bloom Energy 77.62 Bn 74.95 Bn 355.57 Mn
2 Fuelcell Energy 35.19 Bn 34.53 Bn -24.50 Mn
3 Ballard Power Systems 706.87 Mn 201.72 Mn 4.08 Mn
4 Sunhydrogen 93.29 Mn 93.29 Mn -45,724.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -34.10
Mar 31, 2026 -28.67
Dec 31, 2025 15.30
Sep 30, 2025 -13.49
Jun 30, 2025 4.17
Mar 31, 2025 11.35
Dec 31, 2024 -0.18
Sep 30, 2024 5.61
Jun 30, 2024 0.20
Mar 31, 2024 -8.54
Dec 31, 2023 0.47
Sep 30, 2023 10.83
Jun 30, 2023 11.28
Mar 31, 2023 -31.96
Dec 31, 2022 14.31
Sep 30, 2022 -36.66
Jun 30, 2022 -28.85
Mar 31, 2022 -63.40
Dec 31, 2021 72.92
Sep 30, 2021 -241.04